Originally Posted by
Trafalgar
Well, well, well, another week of frantic dissembling by the management. With the now expected and predictable ‘catastrophic’ losses being announced, management goes into full ‘excuse’ mode (and of course, attack mode towards their employees). Interestingly, the DFO mentions the “highly competitive region with considerable overcapacity”. Coincidentally, the SCMP just this week commented on how CX missed the ‘low cost carrier’ moment and allowed competitors to take that piece of the pie. Would that egregious mistake have led to the “highly competitive region” you now speak of Anna? (let’s blame the pilots for that, make them pay). As for “considerable overcapacity”, doesn’t seem to be the case from evidence of all the full aircraft to nearly every destination. If you are referring to the number of seats in the market place, then you can blame yourselves again for not expanding the airline and squeezing out the competition, thereby having the ability to better control capacity and manage the market. Regrettably, attacking your aircrew became your main management focus, instead of focusing on building a strong and healthy airline. All too late now AT.
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To be fair Trafs - if CX had gone the SQ/QF route and set up an LCC with lower T&C, you would have been the first to excoriate them for it.